GEDERA, Israel, July 28 (UPI) -- Israel's TAT Technologies Ltd. has entered into a memorandum of agreement with Lockheed Martin to supply F-16 emergency power units.
The company said the agreement includes related components for the power units.
The total value of the agreement, a continuation of TAT's component supply for F-16s, is $4.1 million over the next two years.
TAT also announced Tuesday the signing of a memorandum of understanding with Lockheed Martin and Hamilton Sundstrand that formalizes TAT's participation in the F-35 Joint Strike Fighter program.
Under terms of the MOU, TAT will be able to subcontract to provide F-35 electronic cooling components. The MOU, however, is contingent on Israel selecting the F-35 for its military forces, the company said.
"This continuing order, together with the other programs recently awarded to TAT, demonstrate TAT's strong market position in providing its solutions, including heat transfers and accessories, to the aviation industry," said Shmuel Fledel, TAT president and chief executive officer.
"We are fully committed to continue to support Lockheed Martin's F-16 program. We are looking forward to expanding our cooperation with Lockheed Martin for additional programs."